Synergy Asset Management LLC lowered its stake in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB – Free Report) by 8.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,857 shares of the company’s stock after selling 1,479 shares during the quarter. Synergy Asset Management LLC owned about 0.27% of First Trust Emerging Markets Local Currency Bond ETF worth $447,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in FEMB. Principal Securities Inc. bought a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the fourth quarter valued at approximately $33,000. Clarus Wealth Advisors bought a new position in First Trust Emerging Markets Local Currency Bond ETF in the fourth quarter worth $610,000. Wells Fargo & Company MN raised its stake in First Trust Emerging Markets Local Currency Bond ETF by 6.3% during the fourth quarter. Wells Fargo & Company MN now owns 497,149 shares of the company’s stock worth $14,482,000 after acquiring an additional 29,524 shares in the last quarter. EWG Elevate Inc. raised its stake in First Trust Emerging Markets Local Currency Bond ETF by 6.1% during the first quarter. EWG Elevate Inc. now owns 54,782 shares of the company’s stock worth $1,543,000 after acquiring an additional 3,139 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in First Trust Emerging Markets Local Currency Bond ETF by 19.9% during the third quarter. Envestnet Asset Management Inc. now owns 254,290 shares of the company’s stock worth $6,879,000 after acquiring an additional 42,261 shares in the last quarter.
First Trust Emerging Markets Local Currency Bond ETF Stock Performance
Shares of NASDAQ:FEMB traded down $0.04 during midday trading on Tuesday, reaching $26.89. The company’s stock had a trading volume of 89,125 shares, compared to its average volume of 61,274. First Trust Emerging Markets Local Currency Bond ETF has a fifty-two week low of $25.91 and a fifty-two week high of $30.50. The business’s fifty day simple moving average is $27.52 and its 200-day simple moving average is $28.15.
First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement
First Trust Emerging Markets Local Currency Bond ETF Company Profile
The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies.
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